UNIVERSAL INSURANCE HOLDINGS (UVE) Company Report

Universal Insurance Holdings (UVE) reported adjusted diluted earnings per common share of $1.36 for Q3 2025, a significant improvement from an adjusted loss of $0.73 in the prior year quarter, and achieved a 30.6% adjusted return on common equity.
Core revenue grew 4.9% year-over-year to $400 million, driven by higher net premiums earned, net investment income, and commission revenue. Direct premiums written increased 3.2% to $592.8 million, with 22.2% growth in other states offsetting a 2.6% decrease in Florida.
The net combined ratio improved by 20.5 points to 96.4%, and the net loss ratio decreased 21.5 points to 70.2%, primarily due to the absence of hurricane activity in the current quarter compared to the prior year.
The company repurchased approximately 347,000 shares for $8.1 million and declared a quarterly cash dividend of $0.16 per share.
Management highlighted a more conservative reserving process, believing they are in a very strong position regarding current and prior accident year reserves, with $3.9 million related to prior year catastrophe development booked in the quarter.

Oct 24, 2025, 2:00 PM

Universal Insurance Holdings Reports Strong Q3 2025 Results

UVE

Earnings

Share Buyback

Dividends

Universal Insurance Holdings reported adjusted diluted earnings per common share of $1.36 for Q3 2025, compared to an adjusted loss per common share of $0.73 in the prior year quarter, and achieved a 30.6% adjusted return on common equity.
Core revenue for Q3 2025 was $400 million, an increase of 4.9% year-over-year, primarily due to higher net premiums earned, net investment income, and commission revenue.
The company's net combined ratio improved to 96.4%, down 20.5 points from the prior year quarter, largely driven by a 70.2% net loss ratio which was 21.5 points lower than the prior year, reflecting the absence of hurricane activity in the current quarter.
During the quarter, Universal repurchased approximately 347,000 shares at an aggregate cost of $8.1 million and declared a quarterly cash dividend of $0.16 per share.
Management emphasized a conservative reserving process and believes the company is in a very strong position regarding current and prior accident year reserves, with potential adjustments to their reserving philosophy to be considered in early 2026.

Oct 24, 2025, 2:00 PM

Universal Reports Strong Q3 2025 Earnings with Improved Underwriting and Capital Returns

UVE

Earnings

Share Buyback

Dividends

Universal reported adjusted diluted earnings per common share of $1.36 and a 30.6% adjusted return on common equity for Q3 2025.
Core revenue increased by 4.9% year over year to $400 million, with direct premiums written up 3.2% to $592.8 million, driven by 22.2% growth in other states partially offsetting a 2.6% decrease in Florida.
The company's net combined ratio improved significantly to 96.4%, down 20.5 points from the prior year quarter, primarily due to a 70.2% net loss ratio which was 21.5 points lower due to the absence of hurricane activity in the current quarter.
During the quarter, Universal repurchased approximately 347,000 shares for $8.1 million and declared a quarterly cash dividend of $0.16 per share.

Oct 24, 2025, 2:00 PM

Universal Reports Strong Q3 2025 Earnings with Improved Profitability

UVE

Earnings

Dividends

Share Buyback

Universal reported an adjusted diluted earnings per common share of $1.36 and a 30.6% adjusted return on common equity for Q3 2025. Core revenue increased 4.9% year-over-year to $400 million, driven by higher net premiums earned, net investment income, and commission revenue.
The net combined ratio significantly improved by 20.5 points to 96.4%, primarily due to a 21.5-point decrease in the net loss ratio to 70.2%, attributed to the absence of hurricane activity in Q3 2025 compared to the prior year. Direct premiums written grew 3.2% to $592.8 million, with 22.2% growth in other states offsetting a 2.6% decrease in Florida.
The company repurchased approximately 347,000 shares for $8.1 million and declared a quarterly cash dividend of $0.16 per share. Management noted a more conservative reserving process, believing they are in a strong position regarding current and prior accident year reserves, with $3.9 million related to prior year catastrophe development booked in the quarter.

Oct 24, 2025, 2:00 PM

Earnings Transcripts

Quarterly earnings call transcripts for UNIVERSAL INSURANCE HOLDINGS.

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